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via Cointelegraph · By Cointelegraph Staff
Bitcoin Fails to Break $82K Again: What Will Trigger a BTC Price Rally?
BTC
BTC/USDT
$63,222.02
+0.17%
$63,222.02
+0.17%
(24s)24h Volume
$2,802,270,646.15
24h H/L
$63,390.00 / $62,968.45
Change: $421.55 (0.67%)
Long/Short
68.8%
Long: 68.8%Short: 31.2%
Funding Rate
+0.0039%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(12:49 PM UTC)
1 min read
Bitcoin’s (BTC) Thursday rally to $82,000, buoyed by the Senate Banking Committee's advancement of the CLARITY Act, has stalled amid stiff overhead resistance and weakening ETF demand. Still, analysts said that BTC’s upward momentum may increase if key conditions are met.
Key takeaways:
- BTC bulls must flip the $82,000-$84,000 into new support.
- Return of strong institutional demand via spot Bitcoin…
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